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Shopping Trends and the Effect on Cash Management

The demand for cash remains resilient today. Many people find this fact surprising, especially in the face of increased competition with alternative payment methods such as credit cards, debit cards, and electronic payment apps such as Venmo and PayPal. However, the 2019 Diary of Consumer Payment Choice conducted by the Federal Reserve highlights the way in which cash is still used, and even preferred, by a wide-range of individuals across various age and household incomes.

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Blog Post

Managing Cash at University Events

With universities ranging anywhere from 1,000 to 50,000+ students, it’s no surprise that college campuses are prime real estate for special events.

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Blog Post

Lawmakers and consumers challenge cashless retailers

Amid the COVID-19 pandemic, cashless stores and restaurants are becoming more popular. And that’s not necessarily a good thing: some retailers who experimented briefly with cashless operations have reversed their decisions ¬as a result of complaints from consumers, or as local and state governments enact laws to protect those without bank accounts.

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